Over six months ago everyone was abandoning ship. They were selling stocks. We were poised for a decline. Syria, Cyrpus and then the Taper. TAPER! The Taper was supposed to kill risk. Stocks were supposed to fall. But they didn't. Last week, when the FED said "taper" investors said "buy." This was a risk off event. Name one talking head, one analyst. Name anyone who thought the Taper would lead to a rise in stock prices!
Rewind to July of this year. Over five months ago, the HI said the Taper was going to get bought. The Taper would bring out the buyers. The Taper was not the risk on event everyone feared. The Taper was going to lead to higher stock prices. This is what we told you over 5 months ago, but instead you listened to the 500th iteration of the Hindenburg Omen.
Who else was telling you to buy the Taper? Who else has initiated one buy signal and has never been wrong? What indicator is the most consistently correct, yet the least followed indicator ever created?
This is the beauty of the market. The market loves a train wreck. The market wants you on board while that train wrecks.
At optionmillionaires.com, we avoid the train wrecks. You want to end it all in a fiery inferno? Follow everyone else.
When everyone was telling you to sell LNKD, we said buy. 300% gains and still no one believes.
When everyone said $NFLX was a sell, we said buy. Carl Icahn jumps on board and yet, still, no one believes.
How about $PCLN? How long did we have to endure the ridicule? How many were so eager to refute our claims for higher prices?
How about $CRM?
The list goes on. $SODA, $SHLD....
We are not just a stock options site. We saw this impending market rally coming. We saw the names that would rocket higher, and those who shorted them did so at their own peril.
Here we are. 2014 is upon us.
In 2012, we said to buy $NFLX at $53. Carl Ichan followed us. In 2013, we said $AAPL had bottomed and was a great buy and Carl Icahn followed us into that trade as well. In 2011, we said $LNKD was a steal at $80. In $2011, we liked $PCLN under $400. We are a bellwether for the stock market.
I will reveal our HI reading for the start of 2014. The HI said to buy the Taper. It said this back in July. It also said SPX 1850 this year. Who else was calling for that this past summer?
In July, the HI said:
While the FED is looking to taper its injections of liquidity into the market, according to the HI, it won’t stop investors from taking it higher.
The HI has been spot on. The short-term chart for the HI is here. We will post the longer term picture shortly.